Fonterra’s shares have been on a steady downward slide for the last 18 months
Keith Woodford explains some complexities of Fonterra’s capital structure, and how this plays out both over the short and long term.
Oram: Why Westland is being gobbled up by Yili
Westland’s dairy farmers are expected to vote to sell Westland Milk to China’s Yili for $588m next week. Rod Oram details their two big historic failures that led to the sale, and what the rest of New Zealand exporters can learn from it.
"Westland dairy co-operative created its own demise"
Keith Woodford explains how the Westland dairy co-operative created its own demise, with sale to Chinese company Yili now the best and only realistic strategy
It has been a big week for the dairy industry, Fonterra especially.
Guy Trafford surveys the signals coming from management and what they might mean for the future.
Dairy sector risks credit squeeze
Significant changes proposed by the Reserve Bank to the amount of capital banks have to hold in reserve could put the squeeze on lending to the dairy sector.
